FRANKFURT, Ky.–(BUSINESS WIRE)–
Investors Heritage Life Insurance Company (“Investors Heritage”) today announced that it was ranked as the fastest growing company WE life and annuity insurer in 2021, according to a new report from S&P Global.1
Investors Heritage ranked as the fastest growing company WE annuity insurer both in total direct premiums and considerations as well as first-year direct premiums and single premiums, a measure of new business production, with total 2021 volumes up 73.8% from 2019. This is the third time the company has made it to S&P’s fastest growing rankings WE insurers since 2018, the year it was acquired by Aquarius Fund.
“We are honored to have the thoughtful work of our talented team recognized,” said Rob Hardy, managing director of Investors Heritage. “After taking a strategic break in 2020, we have launched a new fixed index annuity – Heritage Income Advantage – in consultation with our distribution partners, which helps us address policyholders’ real concerns about their retirement planning. ”
S&P rated WE life insurance groups and first-tier life insurance entities on the basis of 2020 direct premiums and counterparties, net premiums and counterparties, and first-year and single direct premiums of at least $1 million, a piece; Growth in 2021 premiums and direct counterparties of at least 25%; First-year and one-time direct premium growth in 2021 of at least 25%; and growth in 2021 of at least 15% in net premiums and counterparties.
“Providing sensible retirement solutions, backed by exceptional customer service, is the mission of everyone at Investors Heritage,” said Rudy SahayPresident of Investors Heritage and Managing Partner of Aquarius Fund. “Over the four years that Investors Heritage has been part of the Aquarian family, we have worked together to leverage the value created by this historic business and scale it, so that more people benefit. To have been recognized three times during this four-year period is a testament to the high caliber work we have produced together and which we hope to continue in the years to come.
About Investors Heritage
Investors Heritage Life Insurance Company offers its policyholders a wide range of insurance solutions backed by an exceptional service history. Founded in 1960 and based in Frankfurt, Kentucky, the company has a rich and growing tradition of providing tools to help people build and manage their legacies as a leader in pension and final expense policies, and through its new retirement and management offerings. of heritage. For more information, please visit https://investorsheritage.com.
About Aquarius Fund
Aquarius Fund is a diversified holding company with interests in businesses including insurance, asset management, real estate and technology. We draw on our decades of collective experience to deliver debt and equity capital solutions that meet the objectives of our partners and our portfolio companies. For more information, visit www.aquarianlp.com.
src=”https://cts.businesswire.com/ct/CT?id=bwnewssty=20220818005754r1sid=acqr8distro=nxlang=fr” style=”width:0;height:0″ />
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220818005754/en/
Source: Investor Heritage